Q31 A recent survey of 400 customers in UAE found that 260 of them prefer using a bank app to perform their transactions. At 1% significance level, can you conclude that more than 60% of all UAE customers prefer using a bank app to perform their transactions? State the hypotheses, compute the test statistic (Round to two decimal places), find the p-value (Round to three decimal places) and state the conclusion.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 7PPS
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A recent survey of 400 customers in UAE found that 260 of them prefer using a bank app to perform their transactions. At 1% significance level, can you conclude that more than 60% of all UAE customers prefer using a bank app to perform their transactions? State the hypotheses, compute the test statistic (Round to two decimal places), find the p-value (Round to three decimal places) and state the conclusion.

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